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20121006
20121006
Search Results 0 to 9 of about 10 (some duplicates have been removed)
. >>> we begin tonight keeping them honest about allegations that president obama is cooking the economic books to get reelected, fudging the facts on jobless numbers for political gain. we're going to talk to jack welch, one of the all time-great c c c c c ceos. he was tweeting about the economy adding 114,000 jobs last month and the jobless rate falling three-tenths of a point to 7.8%. that would be the lowest since president obama took office. here's how president obama reacted to the economic news. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country has come too far to turn back now. >> president obama on the campaign trail today. now here's what mitt romney said. >> the unemployment rate, as you noted this year, has come down very, very slowly, but it's come down nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> he went on to say the countr
them honest tonight about allegations that president obama is cooking the economic books to get re-elected. fudging the facts on jobless numbers for political gain. we talk to jack welch, one of america's all-time great ceos. his tweet launched the controversy. the question tonight, does he stand by it? you'll hear from him in a moment. he was tweeting about september employment data which came out this morning showing the economy adding 114,000 jobs last month, and the jobless rate falling by .3 to 7.8%. that would be the lowest since president obama took office. now, before we get into what jack welch tweeted, here's how president obama reacted to the economic news. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country's come too far to turn back now. >> president obama on the campaign trail today. now here's what mitt romney said. >> the unemployment rate as you know this year has come down very, very slowly but it's come down n
falling by .3 to 7.8%. that would be the lowest since president obama took office. now, before we get into what jack welch tweeted, here's how president obama reacted to the economic news. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country's come too far to turn back now. >> president obama on the campaign trail today. now here's what mitt romney said. >> the unemployment rate as you know this year has come down very, very slowly but it's come down nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> he went on to say the country can do better, which is about what you would expect him to say, same as you would expect president obama to say what he said. that's the way the two sides do it, year in, year out, campaign after campaign. what no one does, at least not until now, is look at the numbers and suggest the fix is in. this morning, though,
with his wife susie. so do you really believe that people in the obama campaign, the chicago guy that you tweeted about, that they cooked the numbers? >> anderson, last night before these numbers came out, i tweeted, i wonder what the assumptions will be tomorrow. because last month, the assumptions were that participation rate dropped to the lowest level since jimmy connor. that means people quit looking for work so they don't count. there are so many assumptions that one makes coming into these numbers. you pointed out very accurately that they polled 60,000 people out of a work force of 100 million plus to see how many people had work coming in and out. but the numbers that came out today, they were the highest numbers of household employment since june of 1983, the biggest year of the reagan recovery. the plausibility, it just doesn't seem right. maybe the numbers were wrong before, maybe they're wrong now; i don't know. but i'm involved in this economy in a very deep way right now in lots of businesses, and this econy is not growing, i guarantee you, at 5%. >> they say a number of th
't believe there was a expiration. take your best shot. it's not a number that barack obama can really crow about. identify been saying for a very long time, people ignore the unemployment rate because it moves around in an unpredictable way. jobs added and jobs loss number is the one you can get your teeth into. not enough for barack obama to crow about. not that much for mitt romney to sink his teeth into. >> reporter: barack obama will crow about this number and already has. you know, we did see a big gain in this household survey. here's one of the problems with the number that came out. the big gain in jobs, ali, about 600,000 of those jobs were an increase in part time work. now, look, working part time is better than not having a job at all no, question about it. but try feeding your family, try paying your medical bills, try paying for all your other expenses like your mortgage with a 20 to 25 hour job. so, look. i think the american people still believe as i do, it's still a pretty miserable labor market out there. it's getting a little better but not a whole lot. >> diane swank is
Search Results 0 to 9 of about 10 (some duplicates have been removed)